Governance

Chair and Independent non-executive director

• BSocSci (honours) (cum laude)
• MPhil from Oxford University as a Rhodes Scholar

Appointed: 1 July 2023

Committee Responsibilities: Member of the mergers and acquisitions- and member of the remuneration and nomination committees.

Appointed as an independent non-executive director and chair of the board of directors of Alexforbes (Board), Nominations committee and member of the Mergers and Acquisitions and Remuneration committees of the Company with effect from 1 July 2023 and serve as a non-executive director and chair of the board of directors of Alexander Forbes Investments Limited.

His prior executive positions include CEO of Old Mutual South Africa and Emerging Markets, Head of Anglo American South Africa, member of the Executive Committee of Anglo American plc, director of Anglo American Platinum, executive chair of the Richards Bay Coal Terminal (RBCT) and chair of Anglo Operations Proprietary Limited. As part of his career in mining, he held several senior positions at Anglo Gold Ashanti Limited and De Beers Consolidated Mines Limited in South Africa and the United Kingdom.

Kuseni currently serves as the chair of Aspen Pharmacare Holdings Limited, Sandvik Mining Southern Africa Holdings and Fedgroup Holdings and Tennant Group. He is the lead independent director of the JSE-listed fintech, Capital Appreciation Limited.

In the non-profit space, he serves as co-chair of the Gordon Institute of Business Science (GIBS), Chair of the University of Pretoria Council and is the President of the American Chamber of Commerce in South Africa and a member of the Southern Africa-Canada Chamber of Commerce Board.

Group Chief Executive Officer

• FASSA
• BSc (Actuarial Science)
• Advanced Management Programme (INSTEAD)

Appointed: 1 November 2018

Committee Responsibilities: Member of the mergers and acquisitions and social, ethics and transformation committees

Dawie was appointed group chief executive of Alexforbes on 1 November 2018. Prior to his appointment, he was the chief executive officer of Sanlam Employee Benefits, a position he held since 2013. He started his career at Sanlam as an actuary in 1993 in Sanlam Life Insurance, before assuming several senior executive positions in the business over period of 25 years. During this period, he broadened his business acumen, while gaining an in-depth knowledge of the technicalities and markets served by each of these units.

Dawie has a wealth of experience in the employee benefits and investment management industry and believes that the employee benefits industry can have a huge influence in South Africa by really changing people’s lives through enabling financial peace of mind.

He is at the helm of a strategic shift at Alexforbes, charting a course for the company's growth and impact. Under his leadership, the company is poised to extend its leading positions across administration, retirements, healthcare, and asset management capabilities. Dawie's vision for Alexforbes includes a transformation into the most inclusive retail financial advice firm in Southern Africa. Above all, he is committed to demonstrating a meaningful and positive impact on the stakeholders that the company serves.

Group Chief Financial Officer

• CA(SA)
• CFA

Appointed: 1 April 2019

Bruce was appointed chief financial officer and director of Alexander Forbes on 1 April 2019. He has over 25 years’ experience in finance, audit, accounting, taxation, financial reporting, debt structuring and corporate finance, of which more than 18 years has been with the company. Before this role, Bruce served as finance director of Alexander Forbes Group Services and was responsible for the central group finance function. Among his achievements, Bruce was part of the finance team that took the company through private equity ownership between 2007 and its relisting on the JSE in July 2014. Bruce completed his articles with Deloitte (South Africa) in Johannesburg and subsequently spent three years with Deloitte (United States) in numerous audit roles. He has also spent a number of years in corporates such as Presmed Healthcare and Deutsche Bank.

Independent non-executive director

• BCom Hons
• CSb(SA)

Appointed: 9 November 2020

Committee Responsibilities: Chair of the social, ethics and transformation committee and member of the audit and risk committee

Andile is a chartered stockbroker and chair of Bidvest Bank Limited. He has over 20 years' board experience as an executive and non-executive director in financial services. He previously, inter alia, served as chief executive officer of Rebosis Property Fund, The National Stokvel Association of South Africa and Barnard Jacobs Mellet. His non-executive positions have included chair of the JSE Limited's investment committee, and its regulatory oversight committee. Andile is the former deputy chair of St Mary's Waverley and a former chair of Kearsney College.

Independent non-executive director

• CA(SA)
• BAccSC Hons

Appointed: 8 June 2022

Committee Responsibilities: Member of the audit and risk- and social, ethics and transformation committees

Ndumi Ketwa is both a seasoned executive and non-executive director with over 28 years of experience. She is an astute business leader, a problem solver, business consultant and a turn-around strategist that possesses business acumen gained over the past decades.

Her industry experience includes financial services, mining, energy, manufacturing and retail. Her technical expertise, experience and skill is in auditing, sustainability assurance, data analytics, and risk management.

She is both a developmental and inspirational leader, who leads from a deep sense of purpose and responsibility to create positive change.

Independent non-executive director

• CA(SA)
• BCompt Hons (CTA)
• BSc (Medical Sciences)

Appointed: 1 July 2022

Committee Responsibilities: Member and chair of the audit and risk committee

Nosipho is an experienced non-executive director and currently serves on: Engen Limited as director, audit committee and remuneration committee member; EOH Holdings Limited as director and chair of the audit, risk and compliance committee and member of the social and ethics committee, Burstone Group Limited as director and audit committee chair; MTN Group Limited as director and member of the audit, finance and investment and risk committees; Exxaro Resources Limited as a director and member of the audit and social and ethics committees; and University of Johannesburg council and audit committee chair.

She previously served on the joint board of Old Mutual Limited and Old Mutual Life Assurance Company South Africa Limited as well as boards of some of the MTN Group subsidiaries, namely MTN SA, MTN Uganda, MTN Rwanda, MTN Zambia and MTN Eswatini, among others.

Previous executive positions, include chief financial officer at the Financial Service Board, financial director at Zungu Investments Company Proprietary Limited and group financial executive at Viamax Proprietary Limited.

Independent non-executive director

• CA(SA)
• B.Compt (Hons)
• B.Accounting

Appointed: 1 July 2024

Committee Responsibilities: Remuneration committee chair designate and member of the Audit and Risk, Mergers and Acquisitions and Nominations committees

He has extensive experience in the investment industry, spending a large proportion of his career within the Sanlam group, including as Chief Executive Officer (CEO) of Sanlam Employee Benefits and as CEO of the Sanlam Investment Group from 2015 up to his retirement in 2021. 

He currently serves as non-executive director on the boards of Du Toit Group, Donkerbos and Bronaar in the agricultural sector and Optimum Investment Group, a boutique asset manager.

Non-executive director

• CA(SA)
• SEPA (Harvard Business School)

Appointed: 3 June 2020

Committee Responsibilities: Member of the social, ethics and transformation committee

Refiloe has over 16 years professional experience and 10 years board experience spread across diverse industries, including financial and property management services, mining services and supplies, tourism, automotive and engineering, where she has, inter alia, served as chairperson of finance committees and member of audit and risk committees. She is currently chief financial officer for African Rainbow Capital Proprietary Limited (ARC) and Ubuntu Botho Investments Proprietary Limited. Prior to her appointment at ARC, she spent five years as group financial director at Thebe Investment Corporation (Thebe) and prior to Thebe she was financial director at Royal Bafokeng Holdings.

Non-executive director
BCompt Honours and CTA in accounting and Bcom Accounting degrees and is a qualified Chartered Accountant (SA)

Appointed: 26 August 2022

Committee Responsibilities: Member of the mergers and acquisitions committee

She completed her articles at PricewaterhouseCoopers Incorporated (PwC) in 2006 after which she joined the PwC Corporate Finance Valuations team, where she was involved in the valuation of large unlisted companies across various sectors as well as intangible asset valuations under IAS 38. Marinda joined Alexforbes in 2008 as a Corporate Finance Manager. In the eight-year period at the Company she was responsible for managing the debt post the delisting and leveraging of the Group in 2007, as well as Group treasury and capital management. She was also involved in the disposal of certain non-core subsidiaries, which included large multi-national and cross border transactions. In 2014 she was responsible for the full restructure of the Group balance sheet and the listing of Alexforbes on the JSE Limited (JSE).

Marinda joined African Rainbow Capital Investments Limited (ARC) in 2017 as Deal Executive. She was responsible for the listing of ARC on the JSE in September 2017. Over the last 6 years, she has taken responsibility for the negotiation, structuring and implementation of several of the non-banking Financial Services investments in the ARC portfolio. She also has executive responsibility for the portfolio management of the non-banking Financial Services group, where she is a board member. Marinda also serves on the boards of Capital Legacy Solutions Proprietary Limited and Afrocentric Investment Corporation Limited. In addition, she has primary executive responsibility for the external funding and cash management across the wider ARC group.

Non-executive director
B.S. in Accounting, Master of Business Administration, Certified Public Accountant

Appointed: 24 April 2025

Committee Responsibilities: Board member

Amy is a leader in the financial services industry, with over 20 years of corporate strategy and finance experience. She currently serves as president of the Africa region portfolio in Prudential Financial, Inc.’s Global Retirement and Insurance operation. In this role she oversees the company’s investments in South Africa, Kenya and Ghana. Tedesco is also chief operating officer for Prudential’s Emerging Markets operations and head of strategy for its international markets.

Non-executive director
Bachelor of Commerce and Bachelor of Science (Actuarial Science), University of the Witwatersrand; Certified Actuary, Faculty of Actuaries in Scotland

Appointed: 26 August 2022

Committee Responsibilities: Member of the mergers and acquisitions- and nominations and remuneration committees

He is a Partner and co-founder of LeapFrog Investments, a private investment firm that invests in high-growth financial services and healthcare companies in emerging markets with over $2 billion in committed capital from global investors. He brings to Alexforbes over three decades of investing, operating and leadership experience across the African continent.

At LeapFrog, Gary is a member of the Management Board, an Investment Committee Member on all LeapFrog funds and Chief Operating Officer, overseeing operations, finance, legal, information technology and human resources functions globally. He also leads LeapFrog Strategic Africa Investments, the firm’s separate account with Prudential and heads up the South Africa office.

Before joining LeapFrog as a member of the founding team, Gary co-founded Investment Solutions (now Alexander Forbes Investments Limited) and was also joint Managing Director of Alexander Forbes Financial Services. He also serves as vice-chairman of the Jewish Helping Hand, a leading non-profit social services organisation.